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Cloud Computing Is To Reach A New All-Time High in 2022

Cloud Computing Is To Reach A New All-Time High in 2022

In 2022, investment in traditional IT equipment for data centers will finally be surpassed by spending on shared cloud IT infrastructure. With corporate customers spending $18.3 billion on cloud computing and storage infrastructure in the first quarter of 2022, up 17.2%  year over year, spending on cloud services is likely to reach another critical tipping point.

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